5 Cheap Hemp Stocks Redditors are Buying

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In this article, we discuss the 5 cheap hemp stocks Redditors are buying. If you want to read our detailed analysis of these stocks, go directly to the 10 Cheap Hemp Stocks Redditors are Buying.

5. Western Sierra Resource Corporation (OTC: WSRC) 

Price as of August 16, 2021: $0.0769

Western Sierra Resource Corporation (OTC: WSRC) is ranked fifth on our list of 10 cheap hemp stocks Redditors are buying. The company is headquartered in Arizona and makes and sells products made from industrial hemp. It was founded in 1907 and has a market cap of over $2.6 million. Some of the products it sells include creams, salves, ointments, tinctures, beverages, and organic jams, among others. The firm was previously known as Western Sierra Mining before it changed the name to Western Sierra Resource Corporation in 2018.

In September last year, Western Sierra Resource Corporation (OTC: WSRC) had announced that it had signed an exclusive partnership with Global Hemp Group to create an agro-industrial zone in Colorado for the production of herb and fibre from hemp cultivation. 

On June 22, the share price of Western Sierra Resource Corporation (OTC: WSRC) jumped 192% after it announced that it had entered negotiations to acquire a majority stake in Silver State Mining Group, a gold mining company. 

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